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The Economy Follows Morality, Hence Thatcherism

April 13, 2013

For I am the Lord thy God, a jealous God, visiting the iniquity of the fathers upon their children unto the third and fourth generation, to them that hate me. And showing mercy unto many thousands, to them that love me, and keep my commandments. Deuteronomy 5:9-10

To champagne socialists and unemployed miners, some now in their twenties, Lady Thatcher made Britain the immoral, acquisitors’ platform* that we see about us today. This is because, like all baby boomers, whether of the Left or the Right, they are hedonists who operate on an extremely short time horizon. They want MOAR and they want it NOW! They are blind to the nature of cause and effect. If the effect happens more than a week after the cause, they are psychologically incapable of seeing the connection.

*see previous post on platform Britain

Thatcher gave the beautiful people what they wanted economically in the Eighties, just as Roy Jenkins and David Steel gave them what they demanded morally in the Sixties, i.e. the permissive society. Sexualization of the culture, the end of taboos on promiscuity, divorce, abortion, drug-taking, public displays of emotion* and mass immigration allowed the gilded youth free rein to indulge their lasciviousness without opprobrium. And they did.

*Britain is now a land of emotionally incontinent drunks; the stiff upper lip has gone.

Those to whom morality and taboo were a protection against the predators of this world paid the price of the bien pensants’ freedom. Thousands of upper-middle and middle class women were economically freed from the paternalistic tyranny of marriage by getting careers. And as the fish rots from the head down, soon the new morality was foisted on lower-middle and then working class women who weren’t so well cushioned against the malign effects of living in a morality-free zone. Hence we had the rise of single parenting, fatherless families, 4×4 mums and a massive increase in crime (still officially denied). Consequently, the welfare state had to be expanded egregiously to cope with all the consequences of immorality. Not that anyone was allowed to say a single mother was a failure, so we got MOAR! For every woman who earned a salary in the professions, several of her “sisters” in the C2DE socio-economic demographic lost a husband because marriage was by now, “just a bit of paper”. Mick Philpott’s moral compass pointed towards the diabolical, because that’s how he was told to think, and the state provided him with the means to express his wickedness.

Twenty years on from the Swingin’ Sixties, as the boomers reached their thirties and forties, what they wanted was money, but they were hampered by the economic conventions of the time. Now, however, with two generations of demoralized peons to provide cover, it was child’s play to start the wealth transfer from labour to usurers. Thatcher merely fulfilled the mandate given her by those who decide and with a critical mass of popular support it was away with the old strictures of living within one’s means and “the desire of money is the root of all evils” 1 Tim 6:10.

Once again, there were beneficiaries of this blatant acquisitiveness, but their good times were paid for in hard times for the great many more victims. And like the demoralization of the UK, those most exposed to financial predation were least capable of protecting themselves from the malign effects. Since the Eighties were have all been told we must give up any expectation of a job for life and have a portfolio career, i.e. re-set your wages lower every decade; the UK’s debt burden is larger than Cyprus’s and will never be repaid, so there will be a wholesale expropriation of home equity, pensions, savings and hard assets; graduates must start their working lives already carrying the equivalent of a 5 year mortgage.

An immoral economy is the consequence of an immoral society. Hampstead liberals wished this on us, but are blind to their culpability. A fine condemnatory speech of Thatcherism was made by the ne plus ultra of Hampstead liberals, Glenda Jackson, MP for Hampstead and Kilburn. I have transcribed some of it below so that you don’t have to watch her whole performance – a septuagenarian swishing her hair about and grimacing like an ingénue. However, if you want to see it, it is easy to find on YouTube.

Underneath the text is another of Glenda’s performances, this one from 1977. So when Glenda asks why vices became virtues and vice versa under Thatcher, she need only look in her bulb-festooned make-up mirror. Attacking “the establishment”, and the Church in particular, was a necessary step to demoralize society and pave the way for the expansionary plans of usurers, who are just as keen on socialism as they are on capitalism. Jackson played her part in facilitating the rise of usury and the attendant destruction of man.

“Thatcherism was still wreaking as it had wreaked for the previous decade the most heinous social, economic and spiritual damage upon this country, upon my constituency and my constituents…But the basis to Thatcherism, and this is where I come to the spiritual part of what I regard as the desperately, desperately wrong track that Thatcherism took this country into, is that we were told that everything I had been taught to regard as a vice, and I still regard them as vices, under Thatcherism was in fact a virtue. Greed, selfishness, no care for the weaker, sharp elbows sharp knees, they were the way forward…She created an aspirational society – it aspired for things…And people knowing under those years the price of everything and the value of nothing…What concerns me is that I am beginning to see possibly the re-emergence of that total traducing of what I regard as the basis spiritual nature of this country [sic]. Where we do care about society; where we do believe in communities; where we do not leave people to walk by on the other side. That isn’t happening now and if we go back to the heyday of that era I think we will see replicated yet again the extraordinary human damage that we as a nation have suffered from. The talent that has been totally wasted because of the inability to genuinely see the individual value of every single human being…The women that I knew who raised me and millions of people like me who ran our factories and our businesses, put out the fires when the bombs dropped. They would not have recognized their definition of womanliness as being incorporated an iconic model of Margaret Thatcher. To pay tribute to the first prime minister deputed by female gender, okay, but a woman not on my terms.” Glenda Jackson MP, April 10, 2013

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From → Chapter 1

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